Winnipeg Free Press Newspaper Archives Jul 7 2015, Page 15

Winnipeg Free Press (Newspaper) - July 7, 2015, Winnipeg, Manitoba C M Y K PAGE B7 S & P / T S X TSX VENTURE D O W J O N E S N A S D A Q C A N A D I A N S T O C K S FPMARKETS OIL SHARPLY LOWER 14,593.57 - 88.82 - 0.60% 663.33 - 7.25 - 1.08% 17,683.58 - 46.53 - 0.26% 4,991.94 - 17.27 - 0.34% B Y P E T E R H E N D E R S O N T O R O N T O • The Toronto stock market weakened Monday as a steep drop in oil prices and fallout from the resounding “ no” vote in the Greek debt referendum pulled most major sectors lower. The S& P/ TSX ended the session down 88.82 points to 14,593.57. Oil prices closed at their lowest level in about three months with the August crude contract falling $ 4.40 to US$ 52.53 a barrel. Although Greek voters rejected a potential bailout deal with the country’s creditors, one of the biggest drags on the TSX was a further decline in oil prices, said Kevin Headland, director of the portfolio advisory group at Manulife Asset Management. “ I don’t think we’re that tied to the Greece issue,” he said. “ If there are further issues in Europe, it could hurt some of our exports, perhaps oil, but ultimately, Europe has not traditionally been a large trading partner with Canada.” In New York, the Dow Jones industrial average fell 46.53 points at 17,683.58, while the Nasdaq lost 17.27 points to 4,991.94, and the S& P 500 fell 8.02 points to 2,068.76. The Canadian dollar ended down 0.58 of a U. S. cent to 79.04 cents US, its fifth consecutive day of decline. The Canadian Press FP CAREERS Every Wednesday & Saturday Reach quality candidates by showcasing your organization’s employment opportunities. Place your ad today: 1- 866- 588- 7678 | careers@ nationalpost. com For Career Advice For Job Search / jobs C O M M O D I T I E S C R U D E O I L US$ 52.53 - US$ 4.40 N Y M E X G A S US$ 2.76 - US7¢ G O L D US$ 1,172.90 US$ 9.90 S I L V E R US$ 15.69 US10¢ AG Growth Intl Inc - 0.14 46.76 22,119 All In West! Capital Corp nil 0.01 10,000 Arctic Glacier Income Fund nil 0.07 0 Artis Real Estate Invmt Tr 0.22 13.82 118,274 Bird River Resources Inc nil 0.04 0 Boyd Group Inc ( the) - 0.25 52.35 17,944 Buhler Industries Inc 0.20 5.55 7,600 Canickel Mining Limited 0.01 0.12 11,700 Copper Reef Mining Corp nil 0.03 5,000 Craig Wireless Systems Ltd nil 0.05 0 Diamedica Inc - 0.01 0.09 210,950 Empire Industries Inc nil 0.13 109,000 Exchange Income Corporation 0.07 21.37 36,406 FP Newspapers Inc nil 2.12 0 Gendis Inc nil 3.60 1 Gossan Resources Limited nil 0.02 0 Great West Lifeco Inc - 0.23 36.75 211,671 Hudbay Minerals Inc - 0.20 10.19 500,933 IGM Financial Inc - 0.50 40.25 289,045 Kane Biotech Inc nil 0.04 16,500 King’s Bay Gold Corp nil 0.01 0 Lakeview Hotel Investment Corpnil 0.40 0 Lanesborough Real Estate Inv - 0.01 0.31 2,000 Legumex Walker Inc 0.03 2.93 22,628 Mainstream Minerals Corp nil 0.01 0 Manitoba Telecom Services - 0.41 27.43 390,399 Medicure Inc - 0.09 2.36 11,406 Miraculins Inc nil 0.08 128,100 New Flyer Industries Inc - 0.08 15.32 49,339 Nordic Oil & Gas Ltd nil 0.01 0 North West Co Inc - 0.03 24.91 91,509 Novra Technologies Inc nil 0.08 0 People Corporation - 0.21 4.28 8,723 Pollard Banknote Ltd - 0.11 7.60 929 San Gold Corp nil 0.01 0 Sgx Resources Inc nil 0.01 0 Temple Hotels Inc - 0.09 2.21 85,715 Victory Nickel Inc nil 0.04 0 Wildcat Exploration Ltd nil 0.04 0 Winpak Ltd - 0.59 38.91 20,117 Issuer Change Close Vol Issuer Change Close Vol ARC Resources 21.37 - 0.60 1267 5.6 19.4 31.90 20.75 - 32.7 Advantage O& G 8.16 + 0.12 1283 n. a. 14.6 8.34 4.51 + 15.7 Agnico Eagle 37.65 + 1.21 1224 1.1 n. a. 45.92 25.05 - 8.1 Agrium 136.45 + 1.95 580 3.2 19.6 146.51 92.81 + 40.2 Air Canada 13.34 - 0.10 740 n. a. 28.4 15.09 6.52 + 32.7 Aliment B SV 53.97 + 0.17 1096 0.3 25.4 54.70 28.50 + 83.9 Allied REIT 36.79 + 1.39 495 4.0 19.7 41.37 33.63 + 5.9 Amaya Inc 34.27 + 0.44 402 n. a. n. a. 39.25 21.72 + 55.4 BCE 53.83 - 0.03 2107 4.8 19.1 60.20 46.43 + 10.9 BRP 29.35 + 0.42 447 n. a. 28.0 29.80 21.02 + 12.0 Bank of Mtl 73.94 - 0.26 1917 4.4 11.9 85.71 72.87 - 6.3 Bank of NS 63.93 - 0.28 3747 4.3 11.1 74.93 60.75 - 11.0 Bankers Pete 2.62 - 0.29 3792 n. a. 5.1 7.14 2.31 - 62.7 Barrick Gold 13.73 + 0.34 4397 1.8 n. a. 21.14 11.67 - 28.8 Baytex Energy 17.52 - 1.17 988 6.8 n. a. 48.83 14.56 - 63.9 BlackBerry 10.08 - 0.02 2147 n. a. n. a. 15.10 9.50 - 11.3 Bombrdr B SV 2.27 - 0.03 4421 n. a. n. a. 4.43 2.24 - 41.0 BrkfldAsst LV 45.02 + 0.58 2203 1.3 10.5 48.64 31.00 + 44.6 CCL Inds B NV 156.85 - 1.15 59 1.0 23.3 158.54 97.00 + 52.3 CGI Group SV 50.06 + 0.17 723 n. a. 16.9 57.69 36.35 + 31.5 CI Financial 33.66 - 0.56 465 3.9 17.4 36.25 30.56 - 4.8 Cameco 17.65 - 0.73 1331 2.3 n. a. 23.26 16.73 - 16.7 CIBC 91.83 - 0.64 1242 4.7 10.4 107.37 88.04 - 6.2 Cdn Natl Rail 72.90 - 0.96 2151 1.7 18.3 88.89 68.81 + 4.1 Cdn Natrl Res 33.32 - 0.37 3854 2.8 11.9 49.35 31.00 - 32.0 Cdn Oil Sands 9.15 - 0.67 3397 2.2 41.6 24.17 6.01 - 62.0 Cdn Pac Rail 202.71 - 2.36 480 0.7 22.4 247.56 192.79 + 1.9 Cdn Tire A NV 134.55 - 0.07 247 1.6 17.9 137.48 101.28 + 31.5 Cara Ops 33.80 - 0.20 378 n. a. n. a. 34.99 29.90 n. a. Catamaran 77.34 + 0.96 589 n. a. 37.3 77.41 44.17 + 63.7 Cenovus Enrg 18.72 - 0.72 3806 5.7 n. a. 34.70 18.70 - 45.7 ConstlltnSftw 517.53 + 3.12 24 1.0 68.2 539.99 248.80 + 99.9 CrescentPoint 25.81 + 0.18 5238 10.7 24.8 45.82 21.20 - 44.1 Detour Gold 14.80 + 0.43 1390 n. a. n. a. 16.37 6.02 - 0.4 Dollarama 76.45 + 0.02 265 0.5 32.8 77.09 44.24 + 67.5 Eldorado Gold 5.24 + 0.02 2481 0.4 46.0 9.68 4.88 - 34.3 Element Finl 19.44 - 0.42 1310 n. a. 77.8 20.01 11.50 + 43.5 Emera 39.90 + 0.21 338 4.0 15.9 43.62 33.30 + 18.0 Enbridge 57.51 - 0.96 2744 3.2 n. a. 66.14 47.43 + 13.7 EnCana 13.30 - 0.53 3383 2.7 4.8 25.69 13.29 - 45.5 EnerCare 13.58 + 0.36 1024 6.2 43.8 15.72 11.71 + 10.4 FairfaxFin SV 644.13 - 7.87 19 2.0 10.6 739.00 490.00 + 27.4 Finning Intl 23.07 - 0.71 415 3.2 13.0 34.34 20.52 - 25.4 First Quantum 15.84 - 0.54 3590 0.6 12.0 27.29 9.89 - 36.7 Fortis 35.66 - 0.47 755 3.8 24.4 42.23 32.42 + 10.2 Franco- Nevada 60.81 + 0.51 551 0.2 81.5 74.10 50.94 + 1.4 Gibson Energy 22.39 - 0.25 429 5.7 n. a. 37.77 21.72 - 33.7 Gildan Actvwr 42.50 - 0.18 702 0.8 32.3 43.07 28.45 + 33.9 Goldcorp 21.13 + 0.55 3177 3.6 n. a. 32.32 19.18 - 28.0 H& R REIT 22.60 + 0.24 472 6.0 n. a. 25.27 20.73 - 1.4 Hudson’s Bay 27.40 - 0.15 451 0.7 n. a. 29.52 15.80 + 61.7 Husky Energy 23.88 - 0.02 1321 5.0 30.6 34.66 21.39 - 31.0 IGM Financial 40.25 - 0.50 289 5.6 13.3 52.97 39.70 - 21.7 Imperial Oil 47.37 - 0.42 999 1.1 12.3 57.96 44.08 - 17.1 Intact Finl 87.97 - 0.81 110 2.4 14.8 95.77 70.52 + 19.2 Inter Ppln 28.35 - 0.90 1069 5.2 25.5 38.95 27.13 - 14.1 Keyera 41.33 - 0.86 257 3.3 29.8 49.92 34.495 + 5.3 Kinross Gold 2.90 + 0.03 3260 n. a. n. a. 4.78 2.27 - 34.7 Linamar 80.89 - 0.19 235 0.5 14.8 89.42 48.13 + 23.5 Loblaw Cos 63.74 - 0.66 1025 1.6 n. a. 66.88 47.25 + 33.6 Lundin Mining 4.99 - 0.09 2782 n. a. 14.6 6.57 3.68 - 19.3 MEG Energy 18.72 - 0.90 584 n. a. n. a. 40.75 13.30 - 52.3 METRO 33.58 - 0.69 963 1.4 18.1 37.10 21.623 + 53.3 Magna Intl 72.33 + 1.13 1541 1.5 12.3 74.24 46.445 + 24.1 Manitoba Tele 27.43 - 0.41 390 4.7 18.3 33.10 23.13 - 11.2 Manulife Finl 23.09 - 0.36 5463 2.9 13.1 24.20 18.91 + 5.8 Methanex 65.45 - 3.46 327 2.1 15.4 77.82 48.97 - 3.8 National Bank 47.06 + 0.42 1225 4.4 10.5 55.50 44.15 + 2.8 Open Text 50.07 - 0.49 263 2.0 18.9 76.71 49.46 - 2.4 Pac Rubiales 5.29 - 0.02 2584 15.8 n. a. 23.13 2.54 - 76.0 Paramount Res 26.53 - 1.41 478 n. a. n. a. 66.37 21.72 - 55.5 Pembina Ppln 40.21 - 0.24 1150 4.6 42.3 53.04 36.16 - 10.9 Peyto Expl 30.71 - 0.48 507 4.3 19.3 39.25 29.67 - 23.9 Potash Corp 39.10 - 0.16 2517 4.9 16.4 47.10 35.245 - 2.8 Power Corp SV 32.12 - 0.27 1022 3.9 10.7 34.79 27.60 + 5.8 PrairieSky Rt 30.23 - 0.67 618 4.3 n. a. 42.60 23.06 - 26.0 Rstrnt Brand 49.50 + 0.12 561 0.5 n. a. 57.11 34.02 n. a. RioCan REIT 27.02 + 0.91 409 5.2 14.8 30.25 25.11 + 0.1 RogerCom B NV 44.04 - 0.47 1311 4.4 17.6 47.50 40.72 + 2.4 Royal Bank 76.37 - 0.34 3834 4.0 11.7 83.87 71.74 - 1.0 SNC- Lavalin 42.13 - 1.30 413 2.4 4.8 59.63 36.24 - 25.8 Saputo 29.70 - 0.46 1200 1.8 19.2 37.58 29.40 - 7.1 Shaw Com B NV 27.45 - 0.05 1185 4.3 16.9 31.93 26.45 - 0.6 Silver Wheatn 22.21 + 0.50 1620 1.1 37.4 29.98 18.92 - 21.2 Sun Life Finl 41.75 - 0.51 1722 3.6 14.2 43.44 35.73 + 4.5 Suncor Energy 34.18 - 0.42 3965 3.3 57.9 45.93 30.89 - 24.6 TELUS 43.74 - 0.10 1666 3.8 18.4 45.14 37.13 + 9.5 Tahoe Res 15.57 + 0.32 964 2.0 18.4 30.15 13.19 - 44.4 Teck Res B SV 11.87 - 0.20 2897 2.5 18.8 26.98 11.56 - 53.8 ThomsonReuter 48.24 + 0.02 964 3.5 15.9 53.00 38.86 + 23.5 TD Bank 53.23 - 0.36 5353 3.8 13.0 58.20 49.67 - 3.7 Tourmaline 37.10 - 1.02 318 n. a. 17.7 56.54 32.80 - 36.3 TransCanada 50.28 - 0.53 1790 4.1 20.7 63.86 49.30 - 1.5 Valeant Pharm 286.21 - 1.59 838 n. a. 75.2 308.10 116.01+ 115.2 Veresen 15.95 - 0.91 1934 6.3 57.0 19.80 13.52 - 16.5 VermilionEnrg 51.14 - 1.79 358 5.0 32.8 74.24 44.05 - 29.9 West Fraser 68.73 - 0.77 213 0.4 24.5 78.55 46.15 + 32.2 Weston George 100.33 - 0.98 139 1.7 99.3 107.01 77.75 + 27.3 Whitecap Res 12.82 - 0.25 1432 5.9 7.1 18.70 9.75 - 21.2 Yamana Gold 3.73 + 0.03 3382 2.0 n. a. 9.90 3.61 - 57.6 T H E T S X T O P 1 0 0 Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch C U R R E N C I E S Currency In $ Cdn Argentina peso 0.0868 Australia dollar 0.9493 Chinese yuan 0.2037 Denmark krone 0.1877 Dominican peso 0.0281 Euro 1.3994 Hong Kong dollar0.1631 India rupee 0.0200 Japan yen 0.0103 S. Korea won 0.0011 Mexico peso 0.0805 Pakistan rupee 0.0124 Russia rouble 0.0223 Sri Lanka rupee 0.0094 Sweden krona 0.1496 Switzerland franc1.3416 Taiwan dollar 0.0409 U. A. E. dirham 0.3444 U. K. pound 1.9742 U. S. dollar 1.2650 C A N A D I A N D O L L A R US79.04¢ - US0.58¢ Currency In $ Cdn Currency In $ Cdn Currency In $ Cdn M A N I T O B A S T O C K S These companies all have headquarters or major operations in Manitoba. Closing values are as of the end of trading yesterday. Provided by Laurentian Bank Securities FUTURES TRADING CANOLA Jul’ 15 529.10 543.00 529.10 542.50 538.40 Nov. 532.30 534.60 525.30 534.30 533.50 Jan.’ 16531.80 535.10 527.30 534.70 535.40 Mar 531.60 531.60 531.50 534.10 533.00 May 527.40 527.60 527.40 530.40 529.30 July 522.00 525.10 522.00 524.80 523.60 Nov. 0.00 0.00 0.00 483.10 477.90 Jan.’ 17 0.00 0.00 0.00 484.20 479.00 March 0.00 0.00 0.00 485.90 480.70 May 0.00 0.00 0.00 485.90 480.70 July 0.00 0.00 0.00 485.90 480.70 BARLEY ( WESTERN) July’ 15 0.00 0.00 0.00 212.40 209.40 Oct 0.00 0.00 0.00 207.40 204.40 Dec 0.00 0.00 0.00 212.40 209.40 Mar’ 16 0.00 0.00 0.00 214.40 211.40 May 0.00 0.00 0.00 215.40 212.40 July 0.00 0.00 0.00 215.40 212.40 Oct 0.00 0.00 0.00 215.40 212.40 Dec 0.00 0.00 0.00 215.40 212.40 Mar’ 17 0.00 0.00 0.00 215.40 212.40 May 0.00 0.00 0.00 215.40 212.40 July 0.00 0.00 0.00 215.40 212.40 WINNIPEG ( CP) — Grain quotes yesterday. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. T H E M A R K E T S O N 0 7 . 0 6 . 1 5 winnipegfreepress. com TUESDAY, JULY 7, 2015 B 7 SAVERS & INVESTORS REACH WE MORE 74% THE FREE PRESS IN PRINT OR ONLINE EACH WEEK READ T ORONTO — Even with the price of coffee beans falling, a cup of joe at your neighbourhood Starbucks could cost more starting today. The Seattle- based coffee chain says its Canadian stores are raising prices by 10 to 20 cents on select drinks. Overall, about 10 per cent of the beverage menu will see a change, though whether it affects you will depend on what you order and where you live, the company said. “ Ninety per cent of Canadian Starbucks beverages are not changing, including some of our most popular options and sizes,” said company spokeswoman Carly Suppa in an email. A coffee in a venti cup — the largest size — will go up by 10 cents in some provinces, she said. Lattes in a grande or venti cup will be 20 cents more, depending on the province. Prices haven’t changed on the drinks that are covered by the hike for as many as three years, Suppa said. Starbucks has about 1,345 company- operated and licensed stores across Canada. Higher prices at Starbucks come even though some other U. S. coffee sellers are cutting prices. Last week, The J. M. Smucker Co. said it would drop what it charges for most of its coffee products because of declines in future prices for unroasted coffee beans. But Starbucks said other costs included in its food items are rent, labour, marketing, equipment, materials and distribution. — The Canadian Press New president for Eureka THE Eureka Project didn’t have to go far to find a permanent replacement for former longtime president Gary Brownstone. Jeff Ryzner, who had been serving as interim president since April, was officially named Monday as the technology incubator’s new president. Ryzner had been serving as vicepresident of sales and marketing prior to assuming the president’s duties. He has more than 20 years of experience helping companies commercialize technology. He is the founding partner of three successful tech startup companies, and was the 2015 recipient of the BDC Mentorship Award at Futurpreneur Canada. “ I’m thrilled to be able to continue my work with the Eureka team and the Manitoba entrepreneurial community to help take the Eureka Project into new and exciting territory,” Ryzner said in a statement. “ Today we have a new incubation model, 21 startups, five new mentors and 16 amazing sponsors! This is just the beginning. We have big plans.” Eureka chairman Stuart Henrickson said he’s pleased to see Ryzner assume the president’s job. “ Jeff’s mentorship skills are well known,” Henrickson said. The Eureka Project, which is located in the University of Manitoba’s SmartPark, is a not- for- profit resource to help entrepreneurs launch and grow technology firms. Spending boost anticipated PRIVATE and public- sector organizations in Manitoba plan to boost their spending this year on construction projects, machinery and equipment, Statistics Canada said Monday. The agency said a survey of 25,000 Canadian organizations indicates Manitoba organizations plan to spend $ 9.96 billion this year on capital projects and on machinery and equipment. That would be an increase of 4.5 per cent from last year, when $ 9.53 billion was spent. This year’s anticipated expenditures include $ 6.57 billion on non- residential construction projects and $ 3.39 billion on machinery and equipment. The former would be a 5.7 per cent increase from last year, while the latter would be a 2.4 per cent increase from a year earlier. Statistics Canada said this year’s increase will be concentrated on the publicsector side of the market, where spending is expected to jump by 13.8 per cent to $ 5.42 billion from $ 4.76 billion in 2014. It said the province’s utilities sector is expected to boost spending by $ 507 million to $ 2.9 billion, while spending by the provincial public administration subsector is expected to rise by $ 158 million to about $ 1 billion. Spending by private organizations, on the other hand, is expected to decline by 4.7 per cent to $ 4.54 billion from $ 4.77 billion in 2014. Manitoba is one of only five provinces expected to see an increase in overall capital spending this year. Amazon plans Prime deal NEW YORK — Amazon is trying to lure more subscribers to its $ 99 Prime loyalty program by pushing a day of discounts it calls Prime Day during summer. The e- commerce retailer plans to offer thousands of deals on July 15 in the nine countries that have the Prime loyalty program, including Canada, the U. S., U. K., Spain, Japan, Italy, Germany and France. The Seattle company says the promotion is pegged to its 20th anniversary, which is July 16. Amazon says there will be more deals on July 15 than on Black Friday, the busy shopping day after American Thanksgiving, and Cyber Monday, the Monday after Thanksgiving when many people go online to shop for deals. Amazon doesn’t release the number of Prime members it has, but Michael Pachter, an analyst at Wedbush Securities, estimates there are 35 million to 40 million. American Apparel cuts jobs AMERICAN Apparel announced Monday it will close stores and lay off employees as it tries to cut costs. The cuts will save US$ 30 million, the company said, though it did not say how many shops or jobs will be affected. American Apparel has a fleet of 239 retail locations and a total workforce of around 10,000. It has one store in Winnipeg’s Osborne Village. “ We are committed to turning this company around,” Paula Schneider, chief executive of American Apparel, said in a statement. “ Today’s announcements are necessary steps to help American Apparel adapt to headwinds in the retail industry, preserve jobs for the overwhelming majority of our 10,000 employees and return the business to long- term profitability.” Schneider said her focus is to remedy problems that caused “ steep losses” over the past five years. In that time, American Apparel has suffered more than US$ 300 million in losses, largely under founder and former CEO Dov Charney, who was forced out by the board of directors in 2014. The retailer remains embroiled in a nasty legal spat with its spurned founder, with lawsuits filed by both sides. Schneider has made numerous changes since taking the reins in January, including revamping its edgy and oft- maligned marketing strategy, remaking the management structure, and bringing in more stringent forecasting and budgeting processes. — staff / wire services BUSINESS Watch Price of some drinks to go up at Starbucks TED S. WARREN / THE ASSOCIATED PRESS FILES B_ 07_ Jul- 07- 15_ FP_ 01. indd B7 7/ 6/ 15 8: 03: 02 PM